Sony has revealed at their yearly financial meeting that PlayStation 4 has sold in over 22.3 million consoles worldwide, increasing the gap with the other next generation consoles. PS4 sold a total of 14.8 million consoles throughout Fiscal Year 14, covering the period from April 1st 2014 to March 31st 2015. The Game and Network Services segment bacame Sony’s biggest earner this quarter.

The company forecasts to ship 16 million PS4 consoles trhoughout FY15, which ends March 31st 2016. Operating income rose to $401 million which, in comparison to last year’s loss of $78 million, tells a lot about PS4’s success:

Sales increased 33.0% year-on-year (a 25% increase on a constant currency basis) to 1,388.0 billion yen (11,567 million U.S. dollars). This significant increase was primarily due to an increase in PS4 hardware unit sales, a significant increase in network services revenue, the impact of foreign exchange rates and an increase in PS4 software sales, partially offset by a decrease in PlayStation®3 (“PS3”) hardware and PS3 software sales.

Operating income of 48.1 billion yen (401 million U.S. dollars) was recorded, compared to an operating loss of 18.8 billion yen in the previous fiscal year. This significant improvement was primarily due to the impact of the above-mentioned increase in sales, partially offset by the impact of the decrease in PS3 software sales, the unfavorable impact of the appreciation of the U.S. dollar reflecting the high ratio of U.S. dollar-denominated costs, as well as the recording of an 11.2 billion yen (93 million U.S dollars) write-down of PS Vita and PS TV components in the current fiscal year. In the previous fiscal year, a 6.2 billion yen write-off of certain PC software titles was recorded.

PS3 sees a decline of 300k units YoY but shipped 3.1 million units this fiscal year, bringing its lifetime sales to approximately 90 million. PS Vita and PSP sold 450k units this quarter and 3.3 million overall.